Residential Mortgage Loan Professional

3 weeks ago


Los Angeles, California, United States Peak Finance Company Full time
Job Overview

We are seeking a skilled Mortgage Loan Officer to join our team at Peak Finance Company.

This is a remote/hybrid role, offering flexibility to work from home or from one of our office locations. However, the role will require travel to visit clients and attend office meetings.

The ideal candidate will have at least 3 years of experience in managing and negotiating loans within a fast-paced environment.

A strong understanding of the mortgage market, knowledge of standard loan practices, documents, and real estate terms is required.

Familiarity with loan processing guidelines including Fannie Mae, Freddie Mac, and FHA is also essential.

Possession of solid communication skills, both written and verbal, is necessary for success in this role.

We offer a competitive salary range of $52,000 - $200,000 per year, plus commission pay.

Key Responsibilities:

  • Prospecting clients for residential mortgage solutions
  • Proactively convert inbound and outbound sales leads into applications
  • Identifying potential clients' financial needs and recommending optimum product/rate program combinations
  • Achieving required sales performance goals that will be evaluated on a monthly basis.
  • Soliciting, originating, negotiating, securing, and processing residential mortgage loans.
  • The counseling and advising of loan applicants.
  • The collection of information and documents from applicants and other parties
  • The interest rates, points and fees established in connection with loans.
  • The collection of charges or any other amounts from loan applicants
  • Monitoring the status of loan applications and keeping applicants and other appropriate parties advised of the status.
  • Coordinating the loan processing and closing with Employer's personnel
  • Answer questions from applicants and other appropriate parties regarding closings and assist in resolving disputes related to closings.
  • Distributing information regarding Employer's loan products, loan prices and services to real estate brokerage professionals
  • Answering questions from consumers and real estate brokerage professionals regarding Employer's loan products, loan prices and services
  • Attending Employer-conducted meetings and presentations, and meetings and presentations of real estate brokerage firms
  • Preparing reports and ensuring the accuracy and completeness of the contents of loan files and retention of documents

About Peak Finance Company

Peak Finance Company provides uniquely competitive rates and a best-in-class team to find innovative mortgage solutions personalized to the needs of our clients. Our residential real estate financing experts specialize not only in offering traditional loans at competitive rates, we work on behalf of credit challenged, self-employed, and first-time home buyers.


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